Economics Quote by Bibek Debroy
““Deep and liquid markets in a country’s domestic economy are the essential shock absorbers through which the perilous waters of international financial integration can be navigated.””
About This Quote
Source Book: Economic Survey of India, 2020
Domestic markets act as shock absorbers, cushioning the economy from volatile global finance.
In simple terms: Strong local markets buffer global shocks.
Key Takeaway
Strengthen domestic financial infrastructure.
Themes
economics
finance
globalization
stability
Mood
analytical
cautious
Type
economic
policy
When to use this quote
- policy design
- investment strategy
- currency management
Key Concepts
market liquidity
financial integration
risk management
Questions to Reflect On
- How can emerging economies build deep markets?
- What risks arise if markets are shallow?
A Different Perspective
Assumes markets are always efficient and liquid.
